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With SEC rule changes looming, money funds start shifting their holdings
MUTUAL FUNDS MAY 08, 2024
With SEC rule changes looming, money funds start shifting their holdings

Measures from the federal regulator are likely to shift the balance of market demand toward less risky assets.

Price tag for Trump tax cuts swells to $4.6T
RIA NEWS MAY 08, 2024
Price tag for Trump tax cuts swells to $4.6T

Estimates from Congressional Budget Office project renewed fiscal measures will more than double the cost of the original 2017 cuts.

FTX victims could recoup total losses plus interest
RIA NEWS MAY 08, 2024
FTX victims could recoup total losses plus interest

Collapsed crypto exchange has more cash than it needs for creditors.

Morgan Stanley cautious about China stock rally
RIA NEWS MAY 08, 2024
Morgan Stanley cautious about China stock rally

Wall Street strategists favor individual, thematics rather than index.

Real estate investors gain as rents stay higher for longer
RIA NEWS MAY 08, 2024
Real estate investors gain as rents stay higher for longer

US, Canada among markets where rents are likely to be last to fall.

Jay-Z's no 'Cowboy Carter' as Pendulum investment deal nears
RIA NEWS MAY 08, 2024
Jay-Z's no 'Cowboy Carter' as Pendulum investment deal nears

Marcy Venture Partners in advanced talks for 'California merge 'em'.

Banking giant hoping for “global resolution” to drug-money probes
REGULATION AND LEGISLATION MAY 07, 2024
Banking giant hoping for “global resolution” to drug-money probes

The financial titan’s CEO urges employees to “hold heads high” as it faces anti-money-laundering actions from multiple regulators.

Cracks are showing in private credit, says Moody’s
ALTERNATIVES MAY 07, 2024
Cracks are showing in private credit, says Moody’s

The ratings agency sees a potential reckoning as “realities of higher interest rates” erode credit quality and create performance challenges.

S&P 500 sees best three-day rally since November
RIA NEWS MAY 07, 2024
S&P 500 sees best three-day rally since November

Hopes of Fed rate cuts boosted equities again Monday.

High-tech market makers push deeper into fixed income
RIA NEWS MAY 07, 2024
High-tech market makers push deeper into fixed income

Firms such as Citadel, Jane Street aim to disrupt Wall Street domination.